---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-22-012124"
form_type: "8-K"
ticker: "IBOC"
cik: "0000315709"
company_name: "INTERNATIONAL BANCSHARES CORP"
filed_at: "2022-08-04T23:59:59+00:00"
generated_at: "2026-06-24T04:33:33.345096+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# IBOC reports H1 2022 net income $111.5M; core earnings up 11.5% ex non-recurring item

## Summary
- H1 2022 diluted EPS $1.76 vs $2.25 YoY (-21.8%); Q2 diluted EPS $0.92 vs $1.45 YoY (-36.6%).
- Prior year included $42.8M after-tax gain from merchant banking sale; core H1 net income rose 11.5%.
- Operating expenses for H1 2022 down $19.7M (12.9%) vs H1 2019 on sustained cost controls.
- Total assets $16.3B, deposits $12.9B, net loans $6.9B as of June 30, 2022.
- CEO notes inflation/recession risk but expresses confidence in capital and liquidity.

## SEC filing metadata
- accession: 0001558370-22-012124
- form_type: 8-K
- ticker: IBOC
- cik: 0000315709
- company_name: INTERNATIONAL BANCSHARES CORP
- filed_at: 2022-08-04T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/315709/000155837022012124/0001558370-22-012124-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/315709/000155837022012124/iboc-20220804x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-22-012124
- JSON: https://secwatch.observer/filing/0001558370-22-012124.json
- Plain text: https://secwatch.observer/filing/0001558370-22-012124.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.